In other words, based on the info that I have here (which isn't much, and I don't know the local market at all, so take with a grain of salt), this doesn't look like a good candidate as a rental property. 

@Martin StevensMartin,I am not a lawyer and you need legal advice, so take all of this with a grain of salt.

Take this with a grain of salt, but the cashflow numbers just don't seem all that great to me. 

This is my first reply on BiggerPockets so take it with a grain of salt.

Enough with the salt in the wounds, sounds like you're making a great first step to getting those paid off and starting something to give you real independence -- best of luck!

i.e. in Phoenix, Tucson, Denver, Sacramento, Bakersfield, Salt lake?

I am David and I work in advertising in Seattle and Salt Lake City and split my time.

And the negative gearing is never for any longer than 12 months and I always have a plan as to how I will stabilize the asset and create strong positive CF.Between the stocks and the negative gearing the game encourages speculation - we should all take this with a grain of salt when transferring the rationale to real life.

Is the Salt Cellar restaurant still open there?

SLREIA, in Salt Lake.